we are also very fortunate to have karen lotz and niko pfund. i would like to say a few words about the notable events of the past year just to set the stage. let me start with the events of the past year. first come after 244 years, encyclopaedia britannica announced in january of this year that it is stopping its prices, ceasing print publication, and going 100% digital. the last print version is a 32 volume, 130-pound 2010 addition. another highlight, the libraries folded in june, announcing for the first time that all shakespeare editions will be on e-book format for less price than a paperback, it is now downloadable, electronically readable, and printable upon demand. number three, publishers weekly, which is the official magazine of the publishing trade announced its choice for publishing person of the year. not hillary mantell, who is was the first woman to win the booker prize twice, and not anything like the ceo of penguin who really managed to balance nicely the digital and print publications of his company. he was the choice last yea